Posts Tagged Rural Housing
On Thursday Congress restored funding to the USDA Rural Housing program which has been on pause since May. This is great news for Utahans since much of Utah sans the Wasatch Front (Salt Lake County, Utah County, Weber County and Davis County) is considered “rural” and homes in rural areas are eligible for 100% financing. Areas such as Eagle Mountain and Stansbury Park are in these rural areas.
So if you are thinking of buying a home and are short on down payment funds, think USDA Rural Housing and have your Realtor show you homes in qualifying areas.
Related articles by Zemanta
- Popular ‘Zero Down’ Mortgage Program Makes Comeback (blogs.wsj.com)
- Thousands of Rural Home Buyers Aided by Passage of Housing Funding Measure (rismedia.com)